The State of Trade

About this episode

The episode discusses the evolving trade dynamics between Canada, the United States, and Mexico as they prepare for the CUSMA review in 2026.

In this episode, we unpack some of the biggest trade questions shaping 2026. With our guest Steve Verheul, one of Canada's top trade negotiator, we explore the evolving dynamics of Canada’s relationship with the United States, including the upcoming review of the Canada‑U.S.-Mexico Agreement (CUSMA), and what this moment means for all three countries. Tariffs, security concerns, domestic politics, supply‑chain pressures, and questions of sovereignty all intersect. Do early signals actually determine how things end? Join us as we map the landscape ahead: what has changed since the last round of negotiations, what familiar patterns are re‑emerging, and where the real pressures and opportunities may lie for Canada in the year ahead.

People in this episode

Hosts: Sarah Sache, Andrew Campbell

Guest: Steve Verheul

Topics covered

• trade negotiations
• Canada-US relations
• CUSMA review
• tariffs
• supply chain
• sovereignty

Keywords

• trade
• CUSMA
• tariffs
• supply chain
• Canada
• United States
• Mexico
• negotiations
• sovereignty

Mentioned in this episode

Organizations: Canada, United States, Canada‑U.S.-Mexico Agreement (CUSMA), Mexico

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